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Recently Renovated Office Condo

2700 Old Rosebud Rd Lexington, KY 40509

New
2700 Old Rosebud Rd, Lexington, KY, 40509
$495,000
For Sale
Claim this Listing
$495,000

Recently renovated office condo available for sale with convenient access to I-75 and I-64.

Property Size2,634 SF
Price / SF$187.93
AddedJul 15
Days on Market1
Last RefreshJul 15 at 2:04 am

Property Features for 2700 Old Rosebud Rd

General Information

Standard status
Active
Size
2,634 SF
Property subtype
Other Special Purpose

Building Details

Year Built
2005

Listing office NAI Isaac

Listing date Jul 15, 2026

Source Thebrokerlist

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of NAI Isaac


Investment Insights

Based on property information with market context.

This recently renovated office condo offers Class “A” office accommodations with high-end finishes. The property includes ample on-site parking and is suited for professional office use.

The office condo is located within the Hamburg area of Lexington at 2700 Old Rosebud Rd, in the Hamburg Place regional shopping center and office development. Hamburg Place is described as being surrounded by dense residential areas, with convenient access to downtown and to I-75 and I-64 for connectivity across Central Kentucky, Louisville, and Cincinnati.

The site is zoned P-1, Professional Office. The property is within a development that includes a mix of retail, professional office, and residential uses, and the area near the site is reported as having approximately 17,748 ADT on Old Rosebud Road.

Key Highlights

  • 2,634 SF recently renovated office condo in Lexington (built 2005)
  • Located in a Class A office building with high‑end finishes and ample parking
  • Zoned P‑1, Professional Office

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $50.6k $19.20
− Vacancy −$6.7k −$2.56
EGI $43.8k $16.64
− OpEx −$11.0k −$4.16
NOI $32.9k $12.48
2,634 SF · lease $19.20/SF/yr · vacancy 13.32% · expense 25.00%

Alternative Uses

Best Use
Office B
$469.7K
$411.0K – $548.0K (±1% cap)
NOI $32,877 @ 7.0% cap · market cap 6.64%
Second Best
no second resolved use
Theoretical Best
Office A
$548.8K
$480.2K – $640.3K (±1% cap)
NOI $38,415 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Casey Meyer Physician Pam Brooks, REALTOR® Real Estate Agency Kathi Morland Real ... Real Estate Agency Miller Dental Laboratory Dental Office Lexington Podiatry Physician

Suggested Use

HVAC Service Big Box & Wholesale Store Building Supply (Bike/Boat/Book/etc) Store Barber Shop Electrical Service Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Recently renovated office condo available for sale with convenient access to I-75 and I-64.
Where is this office units located?
The property is located at 2700 Old Rosebud Rd Lexington, KY.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 2,634 SF recently renovated office condo in Lexington (built 2005); Located in a Class A office building with high‑end finishes and ample parking; Zoned P‑1, Professional Office
Contact an agent
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